Case study

VR Pioneer Raised £1.5million as it Seeks to Dominate 360º Computing and Entertainment

The designer of the world’s first interactive 360 degree chair, Roto VR, raised £1.5 million with Pembroke Investment Managers LLC as the lead investor. The TVB Growth Fund, managed by The FSE Group also invested.

Founded in 2015, by video games industry veterans, Elliott Myers and Gavin Waxkirsh, Roto VR solves many of the current problems associated with using VR. Roto is a highly advanced interactive chair that addresses the physical problems of consuming VR whilst seated, such as motion sickness and tangling cables, whilst also massively enhancing the immersive experience with haptic feedback (vibration effects).

Roto is also motorised and can auto-rotate to wherever the user is looking, allowing for effortless 360 viewing and exploration, thus users can experience the full panorama in comfort and for longer periods of time.

Kiko Duffy, Senior Fund Manager at The FSE Group, who manage the Thames Valley Berkshire Growth Fund on behalf of the Thames Valley Berkshire Local Enterprise Partnership, commented, “We are delighted to be backing Elliott and his team. The company’s products are a key part of bringing VR into the home and workplace and are a great example of British innovation with global potential”.

Visit: https://www.rotovr.com/

More businesses we’ve helped

LEDs light up the path to sustainability
LEDs light up the path to sustainability

Berkshire label company took another step in its environmental vision by implementing a very popular energy-efficient product - LED lighting. Read more

Renewable energy powers HiFi Cinema showroom
Renewable energy powers HiFi Cinema showroom

A grant of £4,800 ensured that HiFi Cinema can generate renewable energy with a solar PV system, meaning, among other things, they can charge up two electric company vehicles. Read more

How an essential small business survived difficult times
How an essential small business survived difficult times

Classed as an essential business, Westies suddenly faced a problem when its steam-generating boiler needed replacing. This piece of machinery is at the core of the business’s services of in-house washing and ironing Read more

Loading...